Brazilian oil and gas player Enauta has temporarily interrupted production from a field located offshore Brazil only days after completing the preventive maintenance activities for a floating, production, storage, and offloading (FPSO) vessel, which is carrying out operations on this field. Enauta started preventive maintenance at the FPSO Petrojarl I in May 2023 and the production at the Atlanta field was... Continue Reading →
Brazil oil and gas production grows 9.6% in May to reach 4,110 boe/d
(TN) Pre-salt production in May was 3.196 million barrels of oil equivalent per day (boe/d) and corresponded to 77.8% of Brazilian production. 2.510 million barrels per day (bbl/d) of oil and 109.16 million cubic meters per day (m³/d) of natural gas were produced through 144 wells. There was an increase of 5.9% in relation to... Continue Reading →
Brazilian Government Ramps Up Work on Offshore Wind, Green Hydrogen
(OW) Brazil’s Ministry of Mining and Energy and Energy Research Office (EPE) have published a new version of the country’s offshore wind roadmap following recent updates of the regulatory framework for energy generation. According to a recent report by Reuters, the country’s government also plans to establish a regulative framework for offshore wind and green hydrogen... Continue Reading →
Sevan Unveils Concrete Construction Option for Its Floating Wind Foundation
(OE) Offshore engineering and design company Sevan, best known for designing cylindrical offshore facilities such as FPSOs and offshore rigs, and which in 2021 announced entry in the floating wind game with its SWACH floating wind foundation design, on Tuesday unveiled a concrete construction option for SWACH Wind. "In addition to its traditional steel construction... Continue Reading →
Petrobras Switches From Asset Seller to Buyer as Debt Slumps
(Bloomberg) -- Buoyed by the response to its first bond issue in two years, Petroleo Brasileiro SA is considering issuing more debt this year and is poised to buy assets after spending most of the past decade selling refineries and oil-exploration blocks. Strong cash generation combined with low production costs puts Brazil’s state-run oil giant... Continue Reading →
France’s Engie and Portugal’s EDP plan to develop offshore windfarms in Australia
(Reuters) - Ocean Winds, a joint venture between Portugal's main utility EDP (EDP.LS) and French company Engie (ENGIE.PA), said on Tuesday it has lodged applications with the Australian government to develop offshore windfarms off the coast of Victoria. The JV, which participated in the Victoria tender through its bidding company High Sea Wind, has presented applications for three... Continue Reading →
EDF Renewables and Deep Wind Pick Floating Tech for Norwegian Offshore Wind Project
EDF Renewables and Deep Wind Offshore are cooperating with Moreld Ocean Wind for the floating solution at the offshore wind development on Utsira Nord in the Norwegian North Sea. EDF Renewables has been working with Deep Wind Offshore on the first offshore wind projects in Norway since 2021. This work includes producing a competitive bid... Continue Reading →
Subsea7 and EnBW Form Offshore Wind-to-Hydrogen Partnership
Subsea7 and EnBW have signed a Memorandum of Understanding to jointly study several offshore wind-powered hydrogen production concepts. Within the framework of a study, the two partners will explore the technical and commercial elements of green offshore hydrogen production, from both pilot and commercial scale facilities, considering bottom-fixed and floating options. EnBW will undertake studies... Continue Reading →
Vestas to Use New German Test Rig for V236-15.0 MW Blades
Fraunhofer Institute for Wind Energy Systems (Fraunhofer IWES) has launched a new test rig that enables testing wind turbine blades longer than 115 metres. Vestas, whose latest wind turbine model features 115.5-metre blades, will use the rig to perform the trials needed before starting serial production. “The development of our new wind turbines is an important... Continue Reading →
Petrobras on US$ 1.25 billion bond issue
Petróleo Brasileiro S.A. – Petrobras informs that it concluded today, through its wholly owned subsidiary Petrobras Global Finance B.V. (PGF), the offering of notes in the international capital market (Global Notes), in the amount of US$ 1.25 billion maturing in 2033. The operation was priced on June 26, 2023, as disclosed to the market. Below... Continue Reading →